| Market: Abu Dhabi | Symbol: MULTIPLY | ISIN: AEM001001019 | Industry: Financials |
About Multiply Group P.J.S.C.
With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:
MULTIPLY
The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications, Beauty and Wellness, and Fashion and Living. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.
MULTIPLY+
A flexible, sector-agnostic and opportunistic investment arm.
| Share data | 26/07/2024 | ||
| Currency | AED | ||
| Volume | 21,294,670 | ||
| Previous Close | 2.23 | ||
| Number of Shares | 11,200,000,000 | ||
| Change (%) | -0.89 | ||
| Market Cap | 24,976,000,000 |
Multiply's value creation model
| Supportive ecosystem brings in multiple synergies | ► Access to high-profile deals |
| ► Financial flexibility on a wide network of lending banks | |
| ► Attracting high-caliber talent | |
| Clear framework to identify targets | ► Attractive sectors disrupted by favourable megatrends |
| ► Scalable companies with strong market positioning | |
| ► Financially accretive assets with strong cash generation and growth potentials | |
| ► In-house Investment Team with significant deal sourcing, valuation, due diligence and execution capabilities | |
| Active board representation reinforced by a dedicated in-house team to drive value creation | ► Defining overarching strategic direction per vertical |
| ► Providing operational insights, network connections and knowledge transfer across portfolio companies | |
| ► Embedding growth and transformation mindset to unlock sustainable growth | |
| ► Developing and implementing value creation initiatives | |
| ► Deploying a comprehensive digital transformation approach | |
| Highly experienced and growing team | ► Strong and accountable leaders across verticals with growth-oriented mindset and proven track record |
| ► Significant experience and know-how per portfolio company | |
| ► Targeted talent acquisition focused on vertical expertise | |
| Deploying capital for profitable growth | ► Strong cash flow generation |
| ► Robust liquidity position | |
| ► Healthy balance sheet |
| Financial Highlights (AED MN) | 2021 | 2022 | 2023 |
| P&L Statement | |||
| Revenue | 372 | 1,126 | 1,294 |
| Gross Profit | 211 | 569 | 663 |
| Adjusted EBITDA1 | 213 | 716 | 1,623 |
| Adjusted Net Profit1 | 168 | 468 | 1,114 |
| Reported Net Profit | 225 | 18,563 | 552 |
| Balance Sheet | |||
| Total Assets | 11,604 | 41,206 | 42,159 |
| Total Equity | 10,726 | 29,381 | 30,187 |
| Net Debt | (3,175) | 7,430 | 8,033 |
| Net Debt / Equity (x) | (0.30) | 0.25 | 0.27 |
| Cash Flow Statement | |||
| Net cash flow from operating activities | (35) | 857 | 997 |
| Net cash flow from investing activities | (1,558) | (11,537) | (1,755) |
| Net cash flow from financing activities | 5,026 | 8,070 | 1,041 |